Multiple bets, also known as parlays, accumulators, or combi bets, are a popular way to increase potential winnings in sports betting. Instead of placing a single bet on one event, you combine two or more selections into a single wager. However, understanding how they work is crucial before diving in. This article breaks down the meaning of multiple bets, their types, calculations, and associated risks.
What Does ‘Multiple Bet’ Actually Mean?
A multiple bet links several individual selections together. All of your selections must win for the entire bet to be successful. If even one selection loses, the whole bet is lost. The appeal lies in the significantly higher odds offered compared to single bets. The odds of each selection are multiplied together, creating a potentially large payout from a small stake.
Types of Multiple Bets
- Accumulator (Acca): The most common type. All selections must win.
- Trixie: Four bets consisting of three doubles and one treble. Requires at least two selections to win to see a return.
- Patent: Seven bets – three singles, three doubles, and one treble. Only one selection needs to win for a return.
- Yankee: Eleven bets – six doubles, four trebles, and one four-fold. Requires at least two selections to win.
- Canadian (Super Yankee): 26 bets – ten doubles, five trebles, six four-folds, and one five-fold. Needs at least two wins.
- Heinz: 57 bets – fifteen doubles, twenty trebles, fifteen four-folds, six five-folds, and one six-fold. Requires at least two wins.
- Super Heinz: 126 bets – a larger version of the Heinz, offering more coverage.
How are Multiple Bet Odds Calculated?
Calculating multiple bet odds is straightforward. You simply multiply the odds of each individual selection together. For example:
Selection 1: Odds 2.00
Selection 2: Odds 1.50
Selection 3: Odds 3.00
Total Odds = 2.00 x 1.50 x 3.00 = 9.00
A £10 stake would return £90 (plus your original £10 stake).
Risks Associated with Multiple Bets
While the potential rewards are high, multiple bets are inherently riskier than single bets. The more selections you add, the lower the probability of winning. Even seemingly ‘sure things’ can lose. It’s important to bet responsibly and only wager what you can afford to lose. Consider the increased difficulty of predicting multiple outcomes accurately.
Tips for Placing Multiple Bets
- Research thoroughly: Understand the teams/players involved;
- Don’t overdo it: Keep the number of selections manageable.
- Consider value: Look for odds that offer good value.
- Manage your stake: Bet responsibly.
